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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: John Kratus who wrote (11885)	10/23/1997 10:46:00 AM
From: Graeme Smith	Respond to of 18263

I agree with your analysis of the TokyoMex's reference. For me the most salient point was that they would be charging 30% of the current market rate. I don't know if the solution works or not, really it sounds a bit strange. I'm not sure how it could recognise every single date field as it is parsed. But the import point is that as long as they are undercutting the competition then market theory is working correctly. If market theory continues to work correctly then their competitors will meet their price structure and then someone else will undercut. This should continue till a equilibrium is met where margins are down to about 20% or so. Then again I could be completely wrong, market theory might not work, and Zitel and all the other Y2K stocks will go to $699. Graeme